You need $156,000/yr
to live in Molendinar
Based on government bond data
1BR median rent
$900/wk
Annual change
—
Rental stress
Yes
Location
Gold Coast, QLD
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Rent trend
Quarterly median rent
Can you afford it?
Enter your gross salary to check
$85,000
Weekly take-home
$1,254/wk
Weekly rent
$900/wk
Rent share
72%
You'd have $354/wk left after rent
Weekly budget breakdown
$1,324/week total
Rent
$900/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
4+ BR
$990/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$1,767/wk
Median age
37
Avg household size
3
Rent-to-income
51%
Nearby suburbs
Ashmore
QLD
$750/wk
$52,000/yr
—
Parkwood
QLD
$380/wk
$65,867/yr
—
Southport
QLD
$735/wk
$114,400/yr
—
Arundel
QLD
$850/wk
$147,334/yr
—
Labrador
QLD
$720/wk
$99,667/yr
—
Benowa
QLD
$1,050/wk
$182,000/yr
—
About renting in Molendinar
Molendinar is located in Gold Coast, QLD. The median weekly rent is $900, meaning a single person needs to earn at least $156,000 per year to keep rent below 30% of income.
How is the salary needed calculated?
The salary needed uses the 30% rule: annual income required = (weekly rent x 52) / 0.3. This is a widely used affordability benchmark — spending more than 30% of gross income on rent is considered "rental stress".
Where does the rent data come from?
Rent data comes from government bond lodgement records — NSW DCJ, QLD RTA, and VIC DFFH. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.